Latest Energy News 25 September 2019 TOP STORY: Multilateral Development Banks pledge to increase climate investments by 2025 During the UN Secretary-General’s Climate Action Summit, nine multilateral development banks (MDBs) have promised to increase their investment in global climate action to US$65bn/year by 2025, including US$50bn for…
Latest Energy News 24 September 2019 TOP STORY: Germany adopts the Climate Action Programme 2030 Germany has adopted the Climate Action Programme 2030 to help achieve 55% of GHG emission reductions by 2030 compared to 1990. In the energy sector, emissions will have to be reduced to between…
Latest Energy News 23 September 2019 TOP STORY: UK awards 5.5 GW of wind offshore capacity at €45/MWh (£39.65/MWh) The Brittish government has announced the results of the third round of Contracts for Difference (CfD) scheme for less established renewable technologies: 95% of the awarded capacities were attributed…
Latest Energy News 20 September 2019 TOP STORY: Ørsted sells its electricity retail assets in Denmark for €2.8bn Danish energy group Ørsted has agreed to sell its distribution and retail businesses to the Danish group SEAS-NVE. The transaction will involve DKK21.3bn (€2.85bn) and is expected to be completed…
Latest Energy News 19 September 2019 TOP STORY: CNPC starts construction works on Niger-Benin oil pipeline CNPC (China National Petroleum Corporation) and the WAPCO (West African Oil Pipeline Company) have officially started the construction of the oil pipeline linking Niger to Benin. The bulk of the work will start in January…
Latest Energy News 18 September 2019 TOP STORY: EC approves E.ON’s acquisition of Innogy (RWE) under conditions The European Commission has approved the acquisition by E.ON of Innogy’s (RWE) distribution and consumer solutions business as well as certain of its electricity generation assets. The approval is conditional on…
Latest Energy News 17 September 2019 TOP STORY: European Commission considers 2003 Energy Taxation Directive outdated The European Commission (EC) considers the Energy Taxation Directive (ETD) (2003/96/EC) is outdated and not in line with European Union energy and climate policy, according to an evaluation report released by…
Latest Energy News 16 September 2019 TOP STORY: Saudi Arabia’s oil production cut by 5.7 mbl/d Saudi Arabia’s oil production is temporarily cut in half after attacks. The destruction caused fires on Saturday 14 September 2019 at two of Aramco’s production sites. These attacks led to a…
Latest Energy News 13 September 2019 TOP STORY: Pemex receives a US$5bn capital contribution for debt release (Mexico) The Ministry of Finance of Mexico will granted state oil company Pemex a US$5bn billion rescue package to reduce its US$104bn debt load. The rescue package includes a debt refinancing plan and a…
Latest Energy News 12 September 2019 TOP STORY: EU Court reduces Gazprom access to German OPAL gas pipeline The European Union General Court has overruled a decision from the European Commission (EC) from October 2016 that allowed for Gazprom to access over 12.8 bcm/year (threshold stated before the 2016 ruling)…
Latest Energy News 11 September 2019 TOP STORY: Gas exports begins at 4.7 bcm/year Touat gas field (Algeria) Neptune Energy and Sonatrach have begun operations at the gas treatment unit and its first gas exports from the Touat gas development. Located around 1,400 kilometres southwest of Algiers and close to…
Latest Energy News 10 September 2019 TOP STORY: Colombia selects companies for upcoming renewable auction The Colombian government announced 53 enterprises, inlcuding 27 power producers with a total of 56 projects and 26 distribution companies, will participate in the upcoming auction for large-scale renewable projects. The 27 power producers include Spain’s Acciona, Solarpack and Cobra,…
Latest Energy News 09 September 2019 TOP STORY: US$50bn in investment non-consistent with Paris agreement since 2018 According to the Carbon Tracker Initiative (UK), since 2018, major oil & gas companies have approved around US$50bn of new investments that will not be able to thrive if countries comply with the…
Latest Energy News 06 September 2019 TOP STORY: Partners take FID on the 19.8 Mt/year Arctic LNG 2 project (Russia) Final investment decision (FID) has been taken for the 19.8 Mt/year Arctic LNG 2 project in northern Russia. The project’s partners are Novatek with a majority stake of 60%, Total, CNOOC, CNPC and Japan…
Latest Energy News 05 September 2019 TOP STORY: Malaysia will require US$7.8bn to reach 20% of renewables by 2025 The government of Malaysia is currently seeking to increase the country’s renewable power generation target to 20% by 2025. The new target would be supported by the Malaysia Energy Supply…
Latest Energy News 04 September 2019 TOP STORY: Total will go forward with the US$13bn LNG project with no changes (Papua New Guinea) Papua New Guinea has allowed the Papua LNG project to proceed in accordance with the gas agreement reached with the previous administration, in April 2019….
Latest Energy News 03 September 2019 TOP STORY: France will auction 2,150 MW of solar PV capacity in 2020 The French government has announced that it will organise three solar auctions in 2020 totalling 2,150 MW of capacity. Two ground-mounted tenders, planned in January and June 2020, will…
Latest Energy News 02 September 2019 TOP STORY: European Commission clears €417m Polish support plan for energy-intensive firms The European Commission (EC) has approved the PLN 1.78bn (€417m) Polish scheme designed to compensate energy-intensive firms for indirect CO2 emission costs, considering that the support policy complies with…
Latest Energy News 30 August 2019 TOP STORY: Switzerland aims to become climate-neutral by 2050 The Federal Council of Switzerland (the Swiss federal government) has decided to accelerate Switzerland’s decarbonisation trajectory, with a target of zero net carbon emissions by 2050. The objective is to meet the internationally…
Latest Energy News 29 August 2019 TOP STORY: The Netherlands will end Groningen gas production before 2030 According to the Dutch Government, production at the Groningen natural gas field, operated by Shell and Exxon Mobil, will stop sooner than previously announced. The Parliament will be informed soon…
Latest Energy News 28 August 2019 TOP STORY: Kenya starts exporting oil with an inaugural shipment of 200,000 bbl Kenya has started to export crude oil, with an inaugural shipment of 200,000 bbl from the port of Mombasa to Malaysia for a Chinese company (Chemchina) at a price…
Latest Energy News 27 August 2019 TOP STORY: TEPCO considers decommission of reactors at Kashiwazaki nuclear plant (Japan) TEPCO is considering decommissioning at least one reactor at the 7,965 MW (8,212 MW gross) Kashiwazaki-Kariwa nuclear power plant in Kashiwazaki (Niigata prefecture, Japan). The nuclear power plant consists of…
Latest Energy News 26 August 2019 TOP STORY: China added 11.4 GW of new solar PV capacity in the first half of 2019 According to the Chinese National Energy Administration (NEA), a total of 11.4 GW of new solar PV capacities was connected to the Chinese grid in…
Latest Energy News 23 August 2019 TOP STORY: Nord Stream 2 completes gas pipeline installation in Finnish waters Nord Stream 2 has laid the second line of its gas pipeline project in the Finnish Exclusive Economic Zone, completing the installation of twin gas pipelines in the Finnish waters….
Latest Energy News 21 August 2019 TOP STORY: NTPC plans 5 GW solar power project in Kutch (India) Indian power generation company NTPC plans to develop a large-scale solar power project in the Kutch region of Gujarat (western India), which would have a capacity of up to 5,000 MW….
Latest Energy News 20 August 2019 TOP STORY: ONGC (India) aims to double its oil and gas production by 2040 Indian state-owned Oil and Natural Gas Corporation (ONGC) has recently approved its business roadmap entitled “ONGC Energy Strategy 2040”, which aims to double its oil and gas…
Latest Energy News 19 August 2019 TOP STORY: 11 US states and 7 local governments sue EPA over ACE rule A coalition of 22 states and 7 local governments of the United States has filed a lawsuit against the US Environmental Protection Agency (EPA) over its “Affordable…
CEMDA – CBD – GreenPeace, 13 de agosto 2019 La Agencia de Seguridad Nacional (ASEA) aprobó en tiempo récord la Manifestación de Impacto Ambiental (MIA) de la Refinería de Dos Bocas. En tan solo dos meses y sin solicitar información adicional a Pemex, la dependencia aprobó un proyecto que contraviene…
FANNY MIRANDA MILENIO, Ciudad de México / 12.08.2019 La Agencia de Seguridad, Energía y Ambiente (ASEA) autorizó de manera condicionada el impacto ambiental para la “Construcción de la refinería Dos Bocas”en Paraíso, Tabasco promovido por Pemex Transformación Industrial; sin embargo, el organismo no publicó el Resolutivo y solo dio a…
Latest Energy News 09 August 2019 TOP STORY: Portugal auction awards 1,150 MW of solar projects at record low prices The Directorate-General of Energy and Geology (DGEG) of Portugal has awarded 25 solar power projects across 24 lots in a 1.4 solar auction launched in July 2019. The…